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India Fuel Prices Update: Rapid increase in crude oil prices! Petrol-diesel became expensive

Samira Vishwas | February 4, 2026 6:24 PM CST

Big hike in petrol-diesel prices
The effect of rising fuel on the middle class
Petrol price is Rs.103.44. While the price of diesel is Rs.89.97.

India Fuel Prices Update: The recent rise in global crude oil prices is now having a direct impact on the domestic market. Petrol and diesel prices have increased in many major cities across the country. Global crude oil prices have affected the pockets of common people from Uttar Pradesh to Bihar. Today, oil prices are skyrocketing in cities like Lucknow and Patna.

Brent crude oil prices in the global market rose by almost $1 to $67.33 per barrel. WTI crude oil prices also rose by $1 to trade at around $63.89 a barrel. In the last 24 hours, the prices of this crude oil have increased significantly, reaching close to $68.

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Petrol prices in Uttar Pradesh’s capital Lucknow today increased by 16 paise, bringing the new price to Rs 94.85. Similarly, diesel prices have increased by 18 paise to Rs 87.99 per litre. Oil prices continue to fluctuate in other cities of the state since this morning.

Petrol price in national capital Delhi is currently Rs.94.72. And diesel price is Rs.87.62. per liter is constant. Petrol price in Mumbai is Rs.103.44. And diesel is priced at Rs 89.97. Yes, while the price of petrol in Kolkata is Rs. 104.95. And diesel price is Rs.91.76. per liter. Petrol price in Chennai today is Rs.100.76. And diesel price is Rs.92.35. per liter was recorded.

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Oil companies revise prices every morning based on foreign exchange rates and international benchmark prices. Today’s increase may further affect the middle class, as rising fuel prices increase logistics costs. Although there has been a slight decline in prices in some cities, the upward trend has been higher in major cities.

The strength or weakness of the rupee and global demand also play a major role in determining the retail prices of petrol and diesel. Citizens can check the latest rates in their city via SMS or official mobile apps of oil companies. If crude oil prices continue to rise, prices may rise further in the coming period.